MTN budgets $1.6bn for investment in Nigeria

Posted by - January 29, 2020

The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years. Pantami disclosed this in a statement signed by Mrs Phil Oshodin, Director Press and Public Relations, on Tuesday in Abuja, when

Nigeria’s Interswitch hits $1billion valuation with Visa investment

Posted by - November 12, 2019

Nigeria’s digital payments firm Interswitch said Visa has acquired a minority equity stake in the firm, TechCrunch has reported. “The investment makes Interswitch one of the most valuable African fintech businesses with a valuation of $1 billion,” Interswitch said in a press statement. The Visa investment could create the first of two market distinctions for

Nigeria: Pan African Towers signs $20 million infrastructural investment deal

Posted by - March 7, 2019

Pan African Towers (PAT) Limited, a Nigerian firm has signed a $20 million infrastructure investment deal with Canadian firm, Watt Renewable Corporation. The partnership will see Watt Renewable provide alternative energy solutions like solar and other renewable to all towers owned and managed by PAT in Nigeria, to help the latter reduce exposure by as